The federal funds rate is the interest banks charge each other for overnight loans. Set by the Federal Reserve, it's a basis ...

President Biden says he has "never once spoken to the chairman of the Fed since I became president," despite a May 2022 ...

The Fed is widely expected to cut its benchmark interest rate on Wednesday, though it remains unclear how aggressive the ...

At least three of the Federal Deposit Insurance Corp.'s five directors oppose the Federal Reserve's revised proposal for the ...

Tolerating such behavior normalizes ethical (and sometimes legal) missteps, practically inviting similar behavior from public employees.

The Federal Reserve cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more than two ...

By the end of 2024, interest rates will fall nearly another half of a percentage point from their current level of between ...

The Federal Reserve, the central banking system of the United States, recently wrapped up a pivotal meeting that has left the ...

Below is the statement the Federal Reserve released Wednesday after its latest policy meeting ended: Recent indicators ...

The Federal Reserve has cut its benchmark interest rate from its 23-year high, with consequences for debt, savings, auto ...

Federal Reserve official Michael Barr on Tuesday unveiled lighter capital requirements for banks than previously proposed ...